A former CIA officer has pleaded guilty to a $200 million fraud scheme and admitted to compromising national security by providing classified information to a foreign government. David Rush, 49, confessed to wire fraud and acknowledged that his actions could have caused "grave damage" to national security.

As part of a plea deal, Rush is required to pay restitution to the U.S. government and forfeit assets including real estate, luxury vehicles, and watches linked to the scheme. Prosecutors stated in a court filing that Rush "will plead guilty because the defendant is in fact guilty of the charged offense."

Authorities discovered 298 gold bars, $2 million in cash, and 35 luxury watches during a raid on Rush's home. He had been receiving the gold bars for "work-related expenses." The plea agreement details that Rush revealed the existence and description of a "clandestine human source" to a foreign official. "The disclosure of such information could endanger the safety and life of the human source and the US government officers working with the source and jeopardize the US government's ability to recruit human sources," the filing stated.

Between November 2025 and March 2026, Rush allegedly made repeated requests for significant amounts of foreign currency and tens of millions of dollars in gold bars, ostensibly for work expenses. Court filings indicate he fabricated a "highly classified program" to justify acquiring luxury real estate in South Florida for personal profit. He is accused of using "fraudulently obtained" public funds, including spending $40,000 on kitchen appliances for one property.

The wire fraud charge is connected to a $45 million transfer initiated in January 2026. The plea deal also confirms he provided top-secret data to a foreign government official who was not authorized to receive it. Prosecutors noted that Rush was moving funds into commodities, suggesting an attempt to hide the money.

Under the agreement, Rush must surrender the watches and two BMW vehicles, along with the cash and nearly $39 million seized from his bank account. A federal judge will determine his sentence at a later hearing, scheduled for January 28. The wire fraud charge carries a maximum sentence of 20 years.

Rush was previously deemed a flight risk and ordered held in jail pending trial. Records describe him as a former senior executive at a U.S. government agency in Virginia with top-secret clearance. Reports confirm his former employment with the CIA, where he reportedly worked in the Directorate of Science and Technology, responsible for developing spy tools. He also faced prior accusations of fraudulently taking military leave with pay after his U.S. Navy discharge and lying about his education and service history when applying for his CIA job in 2009. It remains unclear how he bypassed his background check, with several CIA officials reportedly placed on leave during an internal investigation.